BREAKING: Again, CBN retains benchmark lending rate at 13.5%

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate at 13 . 5 per cent .
The CBN Governor , Mr Godwin Emefiele, announced the decision of the Committee at the end of its two-day meeting held at the apex bank ’s headquarters in Abuja .
He said all members of the committee agreed to retain the current monetary policy stance .
Disclosing the outcome of the meeting , the apex bank boss said the committee held the Cash Reserves Ratio at 27 . 5 per cent, while the Liquidity Ratio was left unchanged at 30 per cent.
Emefiele said the Committee also left the Asymmetric Window at + 200 and – 500 basis points around the MPR .

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